Problem 10-9A Blue Spruce Corp. sold $4,000,000, 4%, 10-year bonds on January 1, 2019. The bonds were dated January 1 and pay interest annually on January 1. Blue Spruce Corp. uses the straight-line method to amortize bond premium or discount. The bonds were sold at 104. Prepare the journal entry to record the issuance of the bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 2019 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare a bond premium amortization schedule for the first 4 interest periods. Interest Expense to Be Recorded Annual Interest Periods Interest to Be Paid Premium Amortization Unamortized Premium Bond Carrying Value Issue date $ $ 1 $ $ $ 2 3 4 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare the journal entries for interest and the amortization of the premium in 2019 and 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Dec. 31, 2019 Dec. 31, 2020 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Show the balance sheet presentation of the bond liability at December 31, 2020. (Enter account name only and do not provide descriptive information.) Blue Spruce Corp. Balance Sheet $ $ $ Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT